Shares of Chanson International Holding (NASDAQ:CHSN – Get Free Report) crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $1.05 and traded as high as $1.09. Chanson International shares last traded at $1.08, with a volume of 901,516 shares.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (d)” rating on shares of Chanson International in a report on Monday, October 19th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.
Read Our Latest Stock Analysis on Chanson International
Chanson International Price Performance
The firm’s 50 day simple moving average is $1.05 and its two-hundred day simple moving average is $84.60.
About Chanson International
Chanson International Holding is a China-based bakery and café operator that develops and manages retail stores offering freshly prepared baked goods, cakes, pastries, breads, beverages and related food products. Its stores also provide coffee, tea and other drinks, positioning the company as a specialty food and beverage retailer.
The company serves customers primarily through locations in China, with a focus on the Xinjiang region, and has also operated stores outside mainland China.
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